Double Dividend with Involuntary Unemployment: Efficiency and Intergenerational Equity
This paper analyzes the double dividend and distributional issues within an overlapping generations models framework with involuntary unemployment. We characterize the necessary conditions for the obtention of a double dividend when the revenue of the environmental tax is recycled by a variation of the labor tax rate. We show that an employment dividend may occur without any efficiency dividend and that the young generation is not always harmed by the fiscal reform, even without any intergenerational transfers. Therefore, three dividends (environmental, efficiency and intergenerational equity) can simultaneously occur.
|Date of creation:||Aug 2005|
|Date of revision:|
|Publication status:||Published, Environmental and Resource Economics, 2005, 31, 4, 389-403|
|Note:||View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00089913|
|Contact details of provider:|| Web page: http://hal.archives-ouvertes.fr/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John, A Andrew & Pecchenino, Rowena A, 1997. " International and Intergenerational Environmental Externalities," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(3), pages 371-87, September.
- Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-49.
- Chiroleu-Assouline, Mireille & Fodha, Mouez, 2006.
"Double dividend hypothesis, golden rule and welfare distribution,"
Journal of Environmental Economics and Management,
Elsevier, vol. 51(3), pages 323-335, May.
- Mireille Chiroleu-Assouline & Mouez Fodha, 2006. "Double Dividend Hypothesis, Golden Rule and Welfare Distribution," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00089895, HAL.
- Bovenberg, A.L. & van der Ploeg, F., 1993.
"Optimal taxation, public goods and environmental policy with involuntary unemployment,"
1993-77, Tilburg University, Center for Economic Research.
- Bovenberg, A. Lans & van der Ploeg, Frederick, 1996. "Optimal taxation, public goods and environmental policy with involuntary unemployment," Journal of Public Economics, Elsevier, vol. 62(1-2), pages 59-83, October.
- Bovenberg, A.L. & van der Ploeg, F., 1996. "Optimal taxation, public goods and environmental policy with involuntary unemployment," Other publications TiSEM 2a1a87d9-2ed9-41a7-b3aa-b, Tilburg University, School of Economics and Management.
- Bovenberg, A. Lans & Heijdra, Ben J., 1998. "Environmental tax policy and intergenerational distribution," Journal of Public Economics, Elsevier, vol. 67(1), pages 1-24, January.
- Lawrence Goulder, 1995. "Environmental taxation and the double dividend: A reader's guide," International Tax and Public Finance, Springer, vol. 2(2), pages 157-183, August.
- John, A & Pecchenino, R, 1994. "An Overlapping Generations Model of Growth and the Environment," Economic Journal, Royal Economic Society, vol. 104(427), pages 1393-1410, November.
- S. Proost & D. Regemorter, 1995. "The double dividend and the role of inequality aversion and macroeconomic regimes," International Tax and Public Finance, Springer, vol. 2(2), pages 207-219, August.
- Bosello, Francesco & Carraro, Carlo & Galeotti, Marzio, 2001.
"The double dividend issue: modeling strategies and empirical findings,"
Environment and Development Economics,
Cambridge University Press, vol. 6(01), pages 9-45, February.
- Bosello, Francesco & Carraro, Carlo & Galeotti, Marzio, 1999. "The Double Dividend Issue: Modelling Strategies and Empirical Findings," CEPR Discussion Papers 2117, C.E.P.R. Discussion Papers.
- John, A. & Pecchenino, R. & Schimmelpfennig, D. & Schreft, S., 1995. "Short-lived agents and the long-lived environment," Journal of Public Economics, Elsevier, vol. 58(1), pages 127-141, September.
- Lans Bovenberg, A. & de Mooij, Ruud A., 1994.
"Environmental taxes and labor-market distortions,"
European Journal of Political Economy,
Elsevier, vol. 10(4), pages 655-683, December.
- Bovenberg, A Lans & van der Ploeg, Frederick, 1998. " Tax Reform, Structural Unemployment and the Environment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 100(3), pages 593-610, September.
- Philippe Michel & Pierre Granier, 1994. "Les conflits d'intérêt entre travailleurs qualifiés et travailleurs non qualifiés," Économie et Prévision, Programme National Persée, vol. 115(4), pages 125-139.
When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:halshs-00089913. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.